1700 DR MARTIN LUTHER KING JR STREET
ST PETERSBURG, FL 33704
About this home
Welcome to 1700 Dr. Martin Luther King Jr Street North, a rare opportunity to acquire a turnkey medical and wellness facility in one of St. Petersburg’s most sought-after corridors. Just minutes from downtown, this nearly 6,000-square-foot concrete block building sits on a large 21,275-square-foot lot with prominent street frontage and ample parking. The property offers exceptional flexibility with a layout that includes 14 private offices or treatment rooms, five bathrooms, a full kitchen, a separate kitchenette, and a spacious reception area. The building is thoughtfully configured and could easily be divided into two independent suites, making it suitable for a variety of professional uses. That said, this space is ideally positioned for someone in the healthcare, chiropractic, physical therapy, or Pilates world—especially given the extensive, high-end equipment being included in the sale. Over $460,000 worth of professionally appraised medical and wellness equipment is included, making this a truly plug-and-play opportunity. Among the featured items are DRX 9000 spinal decompression systems, a TheraLight 360 red light bed, Cryo Science chamber, Aspen Class IV cold laser, Clearlight sauna, Neubie E-Stim unit, PiezoWave shockwave system, and an immaculate Pilates studio outfitted with Reformers, Cadillacs, Chairs, and more. The space has been meticulously maintained and offers everything needed to launch or expand an integrative health practice under one roof. Located in a high-traffic area with a Walk Score of 88, the site benefits from excellent visibility and a natural flow of daily exposure—providing built-in passive marketing to help grow your brand. St. Pete is known for its health-conscious community, and this facility is perfectly aligned to meet the growing demand for holistic, rehabilitative, and performance-based treatments. While the preference is to sell the building and equipment together to a buyer who can utilize the full potential of the space, the seller is open to separating the real estate and equipment if needed. This is a rare chance to own a professionally outfitted health center in a booming area ready for its next chapter.
Facts & features
Interior
- Living area
- 5,784 sqft
- Heating
- Central
- Cooling
- Central Air
- Stories
- 1
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior & lot
- Lot size
- 21,275 sqft (0.49 ac)
- Roof
- Shingle
- Construction
- Block, Brick
Financial
- Annual tax
- $18,637 (2024)
- Price / sqft
- $415/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Property
- Property type
- Single Family
- Year built
- 1986
- Subdivision
- LAMBRECHTS REP
- County
- Pinellas
Listing
- Status
- Active
- Days on market
- 297 days
- MLS #
- MFR757743199
- Source
- Stellar MLS
Listed by Robert Mitchell II · LPT REALTY, LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $12,136/mo
- Property tax
- $1,553/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2024 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| May 3, 2025 | Listed | $2,400,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for ST PETERSBURG, FL are not connected yet, so this page does not show them.